Sharjah-based company makes two more discoveries in the Nile Delta
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BP signs exploration deal for block in Caspian Sea
Azerbaijan deal gives supermajor right to develop Shafag and Asiman
Oman releases four new blocks for exploration
GCC state looking for production sharing agreements for new blocks
ARKeX and Sonatrach sign exploration deal
Three year deal for airborne gravity gradient surveys across Algeria
Revealed: Iraq announces details of oil and gas licensing round
Iraq’s Ministry of Oil has unveiled the locations of the 11 exploration sites for the sixth licensing round, clarifying the eligibility criteria for participating companies, according to press reports. All the exploratory sites for this licensing round are located in the western region. Muhammad Al-Saadi, Assistant Director General of the Petroleum Contracts and Licenses Department […]
UN chief slams carbon capture; calls oil and gas producers ‘planet wreckers’
UN secretary-general António Guterres attacked the oil and gas industry attempts to justify fossil fuel expansion with carbon capture technology as “proposals to become more efficient planet wreckers”, in a speech that appeared to be take aim at the UAE hosts of COP28, the Financial Times reported. The industry’s stated plans to deal largely with […]
TotalEnergies announces oil and gas discovery offshore Nigeria
TotalEnergies has discovered oil and gas at the OML 102 offshore oilfield in Nigeria, the French company has announced. The well is located in shallow waters, 60km off the south-east coast of Nigeria. Ntokon oil and gas discovery, which is located 20km from the Ofon field facilities, is due to be built using a tie-back […]
Eni, Libya sign decarbonisation deal
Italian major Eni has entered into a memorandum of understanding (MOU) with the Libyan government to collaborate on reducing greenhouse gas emissions and promoting sustainable energy initiatives in the country. The MOU aligns with Eni’s strategic objectives and Libya’s vision for accelerating decarbonization and transitioning to cleaner energy sources. Under the terms of the MOU, […]
ExxonMobil to expand upstream investments in Egypt
Chairman and Managing Director of ExxonMobil Egypt, Amr Abou Eita, said the supermajor plans to expand its upstream exploration in Egypt while growing Mobil service stations network across the country. Eita added: “Additionally, we are interested in evaluating low-carbon solutions opportunities. The recent relocation to a state-of-the-art new head office is a reflection of a […]
Saudi Arabia, China discuss energy cooperation and bilateral relations
The discussion centred around aligning with the objectives of Saudi Arabia’s Vision 2030 and China’s Bel and Road Initiative